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Massachusetts cannabis industry surpasses US$2 billion in gross sales in less than three years

Massachusetts cannabis industry surpasses US$2 billion in gross sales in less than three years
lfpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lfpress.com Daily Mail and Mail on Sunday newspapers.

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Massachusetts cannabis industry surpasses US$2 billion in gross sales in less than three years

Massachusetts cannabis industry surpasses US$2 billion in gross sales in less than three years
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Lawmakers again weigh reforms to local marijuana agreements


Lawmakers again weigh reforms to local marijuana agreements
By Dan Adams Globe Staff,Updated May 11, 2021, 7:44 p.m.
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State Senator Patricia D. Jehlen of Somerville at a hearing of the Legislature s Joint Committee on Cannabis Policy in 2018.Pat Greenhouse
Massachusetts lawmakers on Tuesday took blistering testimony from attorneys, entrepreneurs, and advocates who slammed the state’s local approval process for marijuana companies as little more than a form of legal extortion — one they said has allowed municipalities to collect and spend millions of dollars in unjustified fees without accountability or transparency.
The virtual hearing by the Legislature’s Joint Committee on Cannabis Policy centered on a handful of proposed bills that would reform how prospective cannabis operators and local officials negotiate so-called “host community agreements.” ....

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Marijuana host agreement exploitation problem fall river jasiel correia


BOSTON Advocates, lawmakers and former regulators urged a legislative committee on Tuesday to provide more oversight of required contracts between municipalities and marijuana businesses, arguing that the system continues to be exploited by some cities and towns, which creates a barrier for small and minority owned businesses to get started in the industry.
The issue of host community agreements has been one fraught with tension as people in the industry have argued for years that negotiations are often one-sided, with the municipalities controlling all the leverage.
The result, according to testimony given to the Joint Committee on Cannabis Policy, are agreements that often violate the limits put on how much cities and towns can charge marijuana businesses for traffic, public safety and other impacts they have on a community. ....

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